Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Finance & Capital Markets
Wells Fargo inks $150 million construction takeout loan for 424-unit Hoboken rental project

Intercontinental Real Estate Corp. has secured $150 million in financing from Wells Fargo for a 424-unit luxury apartment in western Hoboken.

Residential & Mixed Use
Adoni joins Franklin Lakes mayor to open new 52-unit luxury rental building

Local officials in Franklin Lakes joined Adoni Property Group recently to mark the opening of the firm’s new 52-unit luxury apartment building in the borough.

Retail
Grid: Fitness chain takes 5,000 sq. ft. at Jersey City condo building

A new gym is coming to downtown Jersey City after leasing 5,000 square feet at the base of a luxury condominium building, under a deal arranged by Grid Real Estate.

Residential & Mixed Use
Walters launches preleasing at new 25-unit affordable housing property in Montvale

Walters has launched preleasing at what will be a new 25-unit, income-restricted apartment property in Montvale, the developer announced this week.

Residential & Mixed Use
Developers open sky lounge, roof terrace among new amenities at Rahway rental project

A development team has unveiled a series of new amenities for residents at a multiphase, 225-unit luxury apartment complex in downtown Rahway.

Residential & Mixed Use
South Jersey apartments change hands, as Gebroe-Hammer touts $182 million in Q1 deals

An investor has acquired some 230 apartments in and around southwestern New Jersey, capping off more than $182 million in first-quarter deals brokered by Gebroe-Hammer Associates.

Residential & Mixed Use
Jersey City’s Newport expands public amenities with new lighthouse, green space

LeFrak has unveiled a new lighthouse and park space along the Hudson River in Jersey City, marking the latest public amenity in the acclaimed Newport neighborhood.

Residential & Mixed Use
NRP starts construction on 401-unit rental project near Liberty State Park in Jersey City

The NRP Group has broken ground on what will be more than 400 new apartments just west of Liberty National Golf Course in Jersey City, the Cleveland-based firm announced Tuesday.

Residential & Mixed Use
Inspired breaks ground on 22 apartments at ex-coffee house site in Long Branch

Inspired by Somerset Development has started construction on a project that will bring new apartments and retail space to the former site of a famed coffee house in Long Branch.

Professional Services
Marcus & Millichap promotes Matricaria to senior associate

Marcus & Millichap has announced the promotion of a standout broker and multifamily investment specialist in its New Jersey office.